The new chair of the Mandatory Provident Fund Authority wants to usher in wider investment choices. While well-intentioned, they could create new risks, warn experts.
New MPF rules allow asset managers to access China's booming stock markets, but current high valuations are keeping investors at bay.
Sales of ETFs to Asian institutions continue to grow, but most are looking to international products. The region's regulators need to cut the rules limiting ETFs to grow, say experts.
The variety of funds with the largest equity fund category for MPF members is in need of refinement, according to a Hong Kong-based research firm.
The MPFA is approving fund houses that will be introducing investment products for post retirement, while making other efforts to improve the pension system.
The most vulnerable are hit hardest by the pandemic under the Hong Kong Mandatory Provident Fund scheme’s offsetting mechanism, underscoring why it should be removed.